Morgan Stanley Maintains Equal-Weight on Dover, Lowers Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has maintained an Equal-Weight rating on Dover (NYSE:DOV) and lowered the price target from $158 to $157.
July 12, 2023 | 1:02 pm
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Morgan Stanley has maintained an Equal-Weight rating on Dover and lowered the price target from $158 to $157.
The news is directly about Dover (DOV). The lowered price target might indicate a slightly less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that the analyst still sees the stock as fairly valued. This could lead to neutral or slightly negative short-term price movement.
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